Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 1079 Thu. June 14, 2007  
   
Business


Thai show kicks off


In a bid to promote Thai products in the country and explore business opportunities for both Bangladesh and the Southeast Asian country, a three-day Thai fair began at Dhaka Sheraton Hotel yesterday.

Finance Adviser AB Mirza Azizul Islam and Thai Ambassador in Dhaka Suphat Chitranukroh inaugurated the show styled 'Thailand Exhibition 2007', jointly organised by Thai Trade Centre, Dhaka, and Thai embassy in Dhaka.

The finance adviser said the Thai government has given assurance to allow a good number of Bangladeshi products duty-free market access to that country.

He also called on Thai businesspeople to import more from Bangladesh to help reduce trade deficit between the two countries.

Some 40 Thai companies are showcasing a line of products of 12 categories, including children items, construction materials, hardware and machinery, food and beverages, gems and jewellery, health and beauty products, household and kitchenware products, leather and footwear, and packaging and stationeries at the exhibition.

The show is open for general people from 10am to 3pm and for traders from 3pm to 8pm.

Thai embassy's Business Counselor Kanyarat Vongskul said hotel and tourism, construction, leather, agro-based industries, fisheries, power generation, and infrastructure are the key potential sectors where both the countries can increase trade.

Over the last three years trade between Bangladesh and Thailand has been ranging between around US$300 million and $500 million.

The products that Bangladesh imports from Thailand include cement clinkers, plastic raw materials, fabrics, yarn, sugar, machinery and chemicals, while Thailand imports fertilizer, pesticides, iron, yarn, filaments and sea foods.